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It's always exciting to see an exponential trend failure happen real-time! Woohoo!
Quick! Someone alert James Bullard!
October 9, 2014
My Nomination for Hubris Quote of the Year
Right now, “the markets are making a mistake” and expect the Fed to maintain its ultra-easy policy stance longer than Fed officials themselves currently expect, Bullard said.
The markets now expect the Fed to maintain its ultra-easy policy stance A LOT longer than Fed officials themselves currently expect. You go markets! Show the Fed your adaptability! Attack that hubris! ;)
Source Data:
FRB: Selected Interest Rates
U.S. Treasury: Daily Treasury Yield Curve Rates
2 comments:
Looks like we might be heading back to the 2012-13 median range 0.25-0.3%. Never go full Bull-tard.
Politics can override economics for a while, but eventually economics wins.
Mr Slippery,
Never go full Bull-tard.
Hahaha!
Now the one man who made a difference five times before... is about to make a difference again, only time this, it's different. - Scorcher Preview Narrator
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